Callouts & quotes from 773+ activist slides

"GCP is significantly higher than best-in-class Sika and other close peers"

"The Company's valuation multiple versus peers has also FAILED to improve"

"The Company's valuation multiple versus peers has also FAILED to improve"

"Compared to its peers, Bayer is less exposed to future pricing pressure."

"IF P&C’s qualities merit a premium multiple vs. publically listed peers"

"McDonald's has the lowest CDP Climate Change score out of all its peers"

"Direct Peers have all grown operating margins while GCP's have declined"

"Direct Peers have all grown operating margins while GCP's have declined"

"Deckers has underperformed its proxy peers by 31% over the last 3 years"

"Deckers has underperformed its proxy peers by 85% over the last 5 years"

"Salesforce can continue closing the gap to peers on S&M efficiency"

"GCP has lagged peers every year since spinning off from W.R. Grace"

"Salesforce can continue closing the gap to peers on S&M efficiency"

"Target falls short vs. refining peers that are offering ~100% FCF"

"Target falls short vs. refining peers that are offering ~100% FCF"

"Target falls short vs. refining peers that are offering ~100% FCF"

"Bristol-Myers profitability significantly lags that of its peers"

"Of Keisei's six peers, five have split the Chair and CEO roles."

"Viacom's Recent Financial Results lag their peers significantly"

"Yet, MGNI trades at a lofty 13.6x forward sales vs. 8.0x peers."

"Bottom quartile among peers in returning cash to shareholders"

"Huntsman's margin deficit versus peers has WORSENED over time"

"Huntsman's margin deficit versus peers has WORSENED over time"

"Huntsman's margin deficit versus peers has WORSENED over time"

"Huntsman’s margin deficit versus peers has WORSENED over time"

"Huntsman's margin deficit versus peers has WORSENED over time"

"Dividend growth over last 5 years has outpaced that of peers"

"Dillard's Shares Underperformed Peers By 200% From 2000-2007"

"Peers have successfully refranchised in a number of markets"

"Peers have successfully refranchised in a number of markets"

"ACMR Trades at a Massive Discount to U.S. and Chinese Peers"

"HMC Discount vs. peers: (26%) Kia Discount vs. peers: (73%)"

"PepsiCo EPS growth has materially trailed peers since 2006"

"Post Elliott’s involvement, outperformed peers by ~150%"

"GoDaddy has 3-5x more customers than its public peers"

"Sensai is tiny compared to peers, it has room to grow"

"GoDaddy has 3-5x more customers than its public peers"

"Which of the Board options is best aligned with peers"

"GoDaddy has 3-5x more customers than its public peers"

"PSX R&M RemainCo is a similar size as its core peers"

"PSX R&M RemainCo is a similar size as its core peers"

"Zillow Leads Its Peers In Stock-Based Comp Dilution"

"Wix’s margins are significantly lower than peers."

"GoDaddy is significantly larger than its peers"

"PPG's two closest peers have leverage of ~4x"

"~26% Deficit to the Performance Peers"

"Mobis Discount vs. peers: (57%)"

"Kia Discount vs. peers: (63%)"

"Discount vs. peers: 68%"

"Discount vs. peers: 34%"

"Discount vs. peers: 48%"

"~2x BELOW Proxy Peers!"

"~3x LOWER than peers"